insurance
Malaysian insurers to cap premium hikes, ensure affordability
Malaysian insurers to cap premium hikes, ensure affordability
Insurers will cap annual premium hikes below 10%.
Aon acquires Mitsubishi Chemical's insurance agency business
The deal adds 100 new employees to Aon in Japan.
Resolution Life seals reinsurance deal with Protective for $9.7b
The deal is expected to drive further growth in the global life and annuity markets.
Japan Post Insurance to invest up to $2b in reinsurance vehicle
The company aims to deploy capital as early as 2026.
Australia's insurers log 3,000 claims post-Cyclone Alfred
ICA CEO said to expect “many more thousands of claims.”
New Chinese financial guidelines focus on tech and green growth
China also aims to strengthen the multi-tiered old-age insurance system.
Sri Lanka Insurance Corporation Life maintains stable outlook, strong investment
Its investment porftolio has minimal exposure to foreign currency assets.
Thailand’s finance sector to see cybersecurity market hit $87m by 2026
This is driven by cyber threats, regulatory pressures, and the rapid adoption.
Ant Insurance processes 7.25 million health claims in 2024
Its AI-powered solution also processed 1.62 million claims last year.
Mitsui Sumitomo sees profit rise with strategic divestments: Fitch Ratings
Fitch also anticipates an improvement in underwriting profitability.
APAC’s pet insurance market to surge by 18% CAGR through 2033
Globally, the market was valued at $5.21b in 2025.
KGI Life reduces risky asset exposure in 2024
Value of new business (VNB) margin expanded to 43.5% in the first half of last year.
Insurance BPO market to grow 5.4% annually through 2034
In 2024, claims processing accounted for over 30% of total market revenue.
China insurers to invest $14b in equities by 2025
If based on 2024 data estimated total fund allocation could reach $57b.
This week in insurance: Philippine deposit insurance rises, ICA calls for flood defence fund, solar storms to bring trillion-dollar loss
Vietnam also aims to amend the law on deposit insurance.
Singapore moms juggle family tasks and money matters
Their finances have improved relative to when their mothers were their age.
Manulife’s AI-investments to deliver threefold ROI by 2027
The company realised over $600m in benefits in digitalisation efforts last year.
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1. LIA Singapore appoints Wong as president with new 2025 goals 2. Australian firms expect financial crime surge in 2025 3. Prudential Singapore launches Wealth Suite for high net worth clients 4. Singapore launches online tool for health insurance planning 5. Vietnam’s life insurance sector slated for dip this 2025Resource Center
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